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Regional Headquarters

The 15-county Knoxville-Oak Ridge region has a strong corporate office sector with a rich and diverse talent pool, proximity to many universities and colleges including the University of Tennessee, advanced communications infrastructure and ready access to world-class technical expertise and technology transfer opportunities. Key advantages include:

Competitive, pro-business environment

High-bandwidth telecommunications

Central location with convention and cost-effective transportation

Low cost of living

Unmatched quality of life

Business Climate Pro-business environment - Favorable business tax climate consistently in the top 1/3 of U.S. states

Attractive state, local, and utility incentives for new job creation and capital investment

State taxes ranking among the nation's lowest

No state property tax

Competitive corporate taxes

Available targeted jobs tax credit

Competitive gas, water, and sewer rates

Electricity generated by the Tennessee Valley Authority at rates 13% below the U.S. industrial average

Electricity reliability at 99.999% since 2000

Available Buildings and Sites

Building costs 19% below the national average (RSMeans Construction Index 2015)

Competitive lease rates

Right-to-work state

Talent

Flexible, growing workforce of 550,000 in 15-county region

Workforce of 780,000 in 32 laborshed counties

A large and growing student population from the University of Tennessee, along with 12 other 4 and 2 year colleges in the region

An underemployed adult workforce in technical and professional positions

Competitive workers compensation rates

Customized workforce training

Transferable skill sets

Available part-time & full-time workers

University of Tennessee's highly ranked College of Business on the flagship campus in Knoxville

University of Tennessee's MBA program ranked 9th among public schools (Forbes) Accounting; special graduate program

Accessibility

Major regional airport with more than 125 flights daily to 20 major U.S. destinations

Located at the juncture of three major interstates I-40, I-75 and I-81

70% of the US market within a day's drive

Robust telecommunications infrastructure

Technology

Home of the Knoxville-Oak Ridge Technology Corridor

State-of-the-art telecommunications capabilities comparable to the Silicon Valley and Research Triangle

Advanced communications infrastructure that supports the Oak Ridge National Laboratory available to companies